48, CHERRY GARDEN LANE, FOLKESTONE, CT19 4AP - £700,000

48 CHERRY GARDEN LANE is a large detached house of 192m², built sometime between 1950 and 1966. It was last sold for £700,000 in April 2023, which was around 29% above the average April 2023 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

48 CHERRY GARDEN LANE Sold Prices

Land registry data shows two sales for 48 CHERRY GARDEN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. One of the two 48 CHERRY GARDEN LANE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 5 APR	£700,000	£540,584	29% above HPI
2008 26 SEP	£249,995	£291,647	14% below HPI

48 CHERRY GARDEN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two 48 CHERRY GARDEN LANE sales from September 2008 and April 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 48 CHERRY GARDEN LANE?

48 CHERRY GARDEN LANE is 192m² according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 48 CHERRY GARDEN LANE lies on this distribution: 78% of detached houses are smaller than 48 CHERRY GARDEN LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Folkestone.

48 CHERRY GARDEN LANE: Plot and Title Map

48 CHERRY GARDEN LANE sits on a plot of roughly 0.284 of an acre, or 1,149m². The below map shows the location of 48 CHERRY GARDEN LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 48 CHERRY GARDEN LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 48 CHERRY GARDEN LANE?

48 CHERRY GARDEN LANE is located in FOLKESTONE, in the CT19 postcode district. The below map shows the position of No. 48 on CHERRY GARDEN LANE.